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New Jersey Outlaws Cashless Businesses

PYMNTS

New Jersey has passed a law banning cashless stores and restaurants, according to reports. New Jersey is the second state to outlaw cashless stores after Massachusetts, which signed a similar bill into law back in 1978. The bill was signed by Gov.

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NJ Legislators Propose Tighter Data Privacy Regulations

PYMNTS

Lawmakers in New Jersey are proposing a bill to solidify data privacy guidelines and inflict tougher limits on the tech industry, The Wall Street Journal reported on Monday (March 2). The bill mandates that tech firms get authorization from New Jersey consumers before collecting and selling information to third parties.

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DoorDash Ordered To Cut DashPass Commissions By DC Attorney General

PYMNTS

We look forward to engaging with local policymakers to increase understanding of the impact pricing regulations have, and solutions that better serve customers, Dashers, and restaurants,” a representative for DoorDash said in a statement, per Reuters. Multiple states have put caps on the fees that apps and platforms can charge on eateries.

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Update on state small business commercial financing disclosure laws

CFPB Monitor

Around the nation, regulators are preparing to implement and enforce new consumer-like disclosure laws for small business commercial finance providers. New York regulators have yet to issue final regulations implementing the state’s Commercial Finance Disclosure Law (CFDL), which went into effect on January 1, 2022.

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Online Gambling: Why Disbursement Options Are Not Keeping Up With Customer Expectations

PYMNTS

Kindred Group, which also supports gambling platforms in Europe and Australia, has been operating its Unibet brand in New Jersey and Pennsylvania for about a year. Companies like Unibet must also be aware of changing regulations regarding online betting that can limit how fast and how far firms can innovate.

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Path To World Series Brings Changes To Online Gambling

PYMNTS

Payments Innovation. And you can bet (sorry) that this fall, more of that money is going through not only mobile channels, but via more prepaid cards and other innovative methods. Indeed, the rise of online and mobile (legal) gambling is providing benefits to reloadable and store-value cards and is driving innovation.

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Philadelphia Passes Ban On Cashless Stores To Fight Income Discrimination

PYMNTS

The new law will take effect in July and would require most retail outlets to accept physical currency. New Jersey recently passed a similar law and New York City is on the path to doing so as well. Massachusetts already requires businesses to accept cash. .